ETF & ETP December Update · Highlights London Stock Exchange Group Page 2 Listings • 7 new ETFs and 1 new other ETP (ETCs and ETNs) were listed on London Stock Exchange in November

ETF & ETP December Update

London Stock Exchange Group Page 1

Highlights


Listings

• 7 new ETFs and 1 new other ETP (ETCs and ETNs) were listed on London Stock Exchange in November

2014

• There are now 737 ETFs (available as 1,128 lines through multi-currency offerings) and 359

ETCs/ETNs (available as 410 lines) on our London market

Trading activity

• Total on-exchange value traded for ETFs in November 2014 was £15.8 billion (163k trades), up by 48%

compared to last year

• Total on-exchange value traded for other ETPs (ETCs and ETNs) in November 2014 was £1.4 billion (31k

trades), up by 9% compared to last year

• London Stock Exchange remains the leading exchange for fixed income ETFs, emerging market ETFs and

Exchange Traded Commodities (ETC) trading in Europe

Market coverage

• 24 registered market makers provide continuous pricing and a high quality pool of liquidity on our order-book

• In addition, more than 400 brokers and member firms from over 20 countries are connected to the London

Stock Exchange's order book and have access to trade ETFs

Leading European market: Turnover


Source: Deutsche Bank Europe Monthly ETF Market Review- November 2014

Turnover figures are in million Euros

• London Stock Exchange ETF trading is the largest in Europe with 30.1% market

share in October 2014

-

4,000

8,000

12,000

16,000

20,000

24,000

-

50,000

100,000

150,000

200,000

250,000

Number of Trades

Turnover (millions)

London ETF market growth


• Total ETF/ETP on-exchange turnover for November 2014 was £17.3 billion with 194k trades

Top 10 Most Traded Products (order book)

London Stock Exchange Group Page 5 Note: Time weighted average spread uses best bid and best offer prices from the order book

Top 10 Most Actively Traded ETFs on London Stock Exchange (by Value Traded) November 2014

TIDM Value traded (£) Number of trades Volume traded Value traded (£) %

of market Number of trades

% of market Volume traded %

of market Average trade size

(£) Time weighted

average spread (bp)

ISF 393,203,245 15,221 59,226,378 9.0% 14.2% 27.0% 25,833 2.5

VUKE 194,052,457 2,256 6,519,862 4.4% 2.1% 3.0% 86,016 5.0

VUSD 178,720,360 2,112 7,262,463 4.1% 2.0% 3.3% 84,621 5.4

IDUS 101,942,248 917 7,885,719 2.3% 0.9% 3.6% 111,169 4.5

IUSA 98,510,894 2,311 7,638,023 2.3% 2.2% 3.5% 42,627 3.7

IEMB 95,909,300 2,178 1,342,850 2.2% 2.0% 0.6% 44,035 14.1

CSPX 94,435,328 593 799,434 2.2% 0.6% 0.4% 159,250 7.5

IEEM 92,887,752 1,733 3,771,426 2.1% 1.6% 1.7% 53,599 12.1

IJPE 81,629,617 1,117 2,530,358 1.9% 1.0% 1.2% 73,079 15.8

EUE 79,091,163 980 3,203,952 1.8% 0.9% 1.5% 80,705 10.0

Top 10 Most Actively Traded other ETPs on London Stock Exchange (by Value Traded) November 2014





(£) Time weighted

average spread (bp)

PHAU 183,193,669 4,596 2,513,815 26.8% 20.9% 0.7% 39,859 4.7

SGLD 95,434,263 1,540 1,295,974 14.0% 7.0% 0.4% 61,970 5.7

GBS 85,133,700 3,274 1,200,335 12.5% 14.9% 0.4% 26,003 5.1

CRUD 41,127,826 1,385 3,229,256 6.0% 6.3% 1.0% 29,695 46.3

SGLP 31,348,533 495 425,529 4.6% 2.3% 0.1% 63,330 5.7

XGLD 18,157,559 494 245,522 2.7% 2.2% 0.1% 36,756 16.3

OILB 17,049,380 311 533,375 2.5% 1.4% 0.2% 54,821 75.9

GBSS 13,375,252 868 187,467 2.0% 4.0% 0.1% 15,409 5.4

PHGP 13,183,848 1,144 182,092 1.9% 5.2% 0.1% 11,524 6.9

PHAG 9,006,074 266 933,405 1.3% 1.2% 0.3% 33,857 20.8

Top 10 Most Traded Products (on-exchange*)

London Stock Exchange Group Page 6 Note: Time weighted average spread uses best bid and best offer prices from the order book

*Includes non-order book trades reported to the London Stock Exchange “on-exchange”

Top 10 Most Actively Traded ETFs on London Stock Exchange (by Value Traded) November 2014





(£) Time weighted

average spread (bp)

IGLT 790,446,008 2,221 66,592,079 4.6% 1.1% 5.1% 355,896 8.8

VUSD 734,982,069 2,302 29,980,511 4.3% 1.2% 2.3% 319,280 5.4

ISF 733,049,339 19,826 110,345,306 4.2% 10.2% 8.5% 36,974 2.5

IHYG 423,440,086 1,723 4,941,140 2.5% 0.9% 0.4% 245,757 15.0

IJPE 420,954,953 1,728 13,009,108 2.4% 0.9% 1.0% 243,608 15.8

IGLS 387,852,825 2,183 2,948,586 2.2% 1.1% 0.2% 177,670 5.5

VUKE 387,174,977 4,639 13,017,686 2.2% 2.4% 1.0% 83,461 5.0

IEMB 366,400,956 2,313 5,126,105 2.1% 1.2% 0.4% 158,409 14.1

IDUS 358,258,847 1,089 27,834,566 2.1% 0.6% 2.2% 328,980 4.5

IBTS 343,452,241 192 4,025,616 2.0% 0.1% 0.3% 1,788,814 8.1

Top 10 Most Actively Traded other ETPs on London Stock Exchange (by Value Traded) November 2014





(£) Time weighted

average spread (bp)

PHAU 269,976,695 5,025 3,692,319 18.6% 16.0% 0.6% 53,727 4.7

GBS 137,221,961 3,616 1,929,661 9.5% 11.5% 0.3% 37,949 5.1

ALUM 132,421,445 49 57,122,931 9.1% 0.2% 10.0% 2,702,478 64.5

SGLD 117,182,867 1,580 1,596,797 8.1% 5.0% 0.3% 74,166 5.7

PHAG 98,664,116 376 9,997,705 6.8% 1.2% 1.8% 262,405 20.8

CRUD 81,404,533 1,641 6,461,755 5.6% 5.2% 1.1% 49,607 46.3

OILB 58,405,157 381 1,856,704 4.0% 1.2% 0.3% 153,294 75.9

PHGP 54,314,915 2,644 745,760 3.7% 8.4% 0.1% 20,543 6.9

COPA 40,271,818 182 2,080,177 2.8% 0.6% 0.4% 221,274 26.8

SGLP 31,382,894 505 425,996 2.2% 1.6% 0.1% 62,144 5.7

Trade Size Stats November

4 December 2014 London Stock Exchange Group Page 7

• Average order book trade size for ETFs was £41k

• Average order book trade size for other ETPs was £31k

New Products November


TIDM Instrument name ISIN Code First trading date Currency

SBIO SOURCE NASDAQ BIOTECH UCITS ETF IE00BQ70R696 2014.11.07 USD

UC76 UBS ETF BARCAP US LIQUID CORP USD A-DIS LU1048316647 2014.11.10 USD

UC84 UBS ETF BARCAP US LIQUID CORP USD A-DIS LU1048316647 2014.11.10 GBX

UC85 UBS ETF BARCAP US LIQ CORP HDG TO GBP AD LU1048317298 2014.11.10 GBX

DESD WT US SMALLCAP DIV UCITS IE00BQZJBT94 2014.11.11 USD

DHSD WT US EQTY INCOME UCITS IE00BQZJBQ63 2014.11.11 USD

EEIE WT EUROPE EQTY INCOME UCITS IE00BQZJBX31 2014.11.11 EUR

DFEE WT EUROPE SMALLCAP DIV UCITS IE00BQZJC527 2014.11.11 EUR

EMH5 SPDR 0-5 EMERGING MARKET USD GOV BD ETF IE00BP46NG52 2014.11.17 USD

SEMH SPDR 0-5 EMERGING MARKET USD GOV BD ETF IE00BP46NG52 2014.11.17 GBP

DEM WT EMERGING MARKETS EQTY INCOMEUCITS IE00BQQ3Q067 2014.11.19 GBX

DEMD WT EMERGING MARKETS EQTY INCOME UCITS IE00BQQ3Q067 2014.11.19 USD

DGSE WT EMERGING MARKETS SMALLCAP DIV UCITS IE00BQZJBM26 2014.11.19 GBX

DGSD WT EMERGING MARKETS SMALLCAP DIV UCITS IE00BQZJBM26 2014.11.19 USD

3GIL BOOST GILTS 10Y 3X LEVERAGE DAILY ETP IE00BKT09479 2014.11.25 GBX

LDCU PIMCO LOW DUR US CORP BOND SRC UCITS ETF IE00BP9F2H18 2014.11.28 USD

Product Growth


14 15 17

45 52 51

155

136

179

99

88

30 26

67

26

160

19

34

17 13

0

20

40

60

80

100

120

140

160

180

200

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

ETFs

ETPs

Number of new listings year on year

Products by Issuer

London Stock Exchange Group Page 10 *Data as of 3rd December 2014

Issuer Number of ETFs Ranking

iShares 178 1

DB X-Trackers 170 2

Lyxor 91 3

UBS ETF 67 4

Amundi ETF 44 5

SSGA SPDR 43 6

Source 41 7

HSBC ETFS 28 8

Invesco Powershares 16 9

Vanguard 13 10

Go UCITS ETF 12 11

Ossiam 7 12

Pimco 7 12

RBS Market Access 6 13

WisdomTree 6 13

First Trust 4 14

Ashmore 2 15

Finex 1 16

Fundlogic Alternatives 1 16

Total 737

Issuer Number of Other ETPs Ranking

ETF Securities 214 1

UBS AG 66 2

Boost ETP 39 3

DB ETC 18 4

Barclays Bank 13 6

iShares 4 7

Source 4 7

Codeis Securities 1 8

Total 359

Issuer Turnover (ETFs) November


Issuer Value traded (£) Trades Volume Value traded % of

market Trades % of market Volume % of

market Ranking

iShares 11,030,288,558 102,561 498,620,874 69.9% 63.1% 69.1% 1

Vanguard 1,427,572,460 12,223 54,668,046 9.0% 7.5% 7.6% 2

DB X-Trackers 952,179,002 14,717 77,927,694 6.0% 9.1% 10.8% 3

Source 826,933,334 8,379 13,383,299 5.2% 5.2% 1.9% 4

Lyxor 455,876,355 2,301 23,758,157 2.9% 1.4% 3.3% 5

SSGA SPDR 430,844,721 8,737 12,697,820 2.7% 5.4% 1.8% 6

HSBC ETFS 208,572,811 6,566 18,579,942 1.3% 4.0% 2.6% 7

Go UCITS ETF 125,933,110 2,980 6,911,261 0.8% 1.8% 1.0% 8

Pimco 94,040,969 652 1,399,190 0.6% 0.4% 0.2% 9

UBS ETF 87,819,919 1,459 4,550,863 0.6% 0.9% 0.6% 10

Amundi ETF 62,832,563 398 4,534,364 0.4% 0.2% 0.6% 11

Invesco Powershares 57,168,025 823 3,227,152 0.4% 0.5% 0.4% 12

WisdomTree 9,056,657 289 888,732 0.1% 0.2% 0.1% 13

Ossiam 6,869,441 89 69,774 0.0% 0.1% 0.0% 14

First Trust 4,742,199 295 239,722 0.0% 0.2% 0.0% 15

Finex 4,003,480 4 70,275 0.0% 0.0% 0.0% 16

RBS Market Access 2,403,914 27 118,402 0.0% 0.0% 0.0% 17

Ashmore 951 1 15 0.0% 0.0% 0.0% 18

Total 15,787,138,469 162,501 721,645,582

Issuer Turnover (Other ETPs) November


Issuer Value traded (£) Trades Volume Value traded % of

market Trades % of market Volume % of

market Ranking

ETF Securities 1,150,379,680 24,873 563,710,056 79.4% 79.0% 98.8% 1

Source 165,629,371 2,310 2,461,264 11.4% 7.3% 0.4% 2

DB ETC 54,935,909 896 930,019 3.8% 2.8% 0.2% 3

Boost ETP / WisdomTree 51,535,937 2,341 1,321,741 3.6% 7.4% 0.2% 4

iShares 21,613,363 994 1,542,766 1.5% 3.2% 0.3% 5

Codeis Securities 4,923,238 4 67,200 0.3% 0.0% 0.0% 6

Barclays Bank 513,583 51 644,861 0.0% 0.2% 0.1% 7

UBS AG 99,897 7 96 0.0% 0.0% 0.0%

Total 1,449,630,978 31,476 570,678,003


Leading European market: Net New Assets

Source: BlackRock ETP landscape (November 2014)

• 6 out of the top 10 European ETPs ranked by YTD inflows were London Stock

Exchange-listed

Fixed Income ETFs - product range and turnover

Table: Deutsche Bank European Monthly ETF Market Review November 2014

• With over 50% market share, LSE has by far the highest on-exchange turnover for

fixed income ETFs in Europe

• There are over150 fixed income ETFs listed on the LSE

• 90% of the European top 20 fixed income ETFs by value traded are LSE listed

Deutsche Börse London Stock Exchange

Top 10 fixed income ETFs by monthly on-exchange turnover ( €million)

London Stock Exchange Group


Leading European market: Commodity Products

London Stock Exchange ETC market has the highest turnover market share in on-

exchange ETC trading

Source: Deutsche Bank Europe Monthly ETF Market Review- November 2014

Turnover figures are in million Euros

Contact details


Exchange Traded Products

London Stock Exchange

10 Paternoster Square

London EC4M 7LS

Tel: +44 (0)20 7797 3921

[email protected]

Documents

ETF & ETP December Update · Highlights London Stock Exchange Group Page 2 Listings • 7 new ETFs and 1 new other ETP (ETCs and ETNs) were listed on London Stock Exchange in November